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I'm a drapery and curtain maker and I do a bit of upholstery for small chairs too. I currently living in Florida. I'm looking to move my business elsewhere, as I'm considering NYC or the Sanfrancisco, oakland area. Would this type of business thrive in New York City.
NYC is an anti-business/pro-welfare city. It's over regulated and heavily taxed. Mainly because the city is ran by Liberals and you know how they get down. Expect your profit margins to be cut drastically.
NYC is not business friendly? There are people working. Therefore, it cant be that bad. Do New Yorkers use a lot of drapes and curtains. Since Seattle is mentioned, is it a better city for this type of business than NYC?
You're right that there are a lot of businesses in New York City. But most of them are very large and can easily afford the legal expertise required to comply with all of the regulations the city will throw at you. Not trying to be discouraging. It's just how it is in New York.
Gov. Cuomo is making an effort to attract new businesses with some tax incentives, like paying no taxes for the first 10 years of operation:
It depends on what your expectations are as a business owner. Just like anywhere else in this country, it's all about location and demographics. I don't agree with the bitter republican who said New York is anti-business, but you do need to realize that you're stepping into one of the most expensive real estate cities in the world, so you really need to be cost effective and smart when it comes to opening up a business.
If selling drapes can pay the rent and give you a good living, why not? But realize that you have to very careful about how you start up here. I know a couple who opened up a toy boutique here in 2007, and even though success was kindve slow for them, they really became innovative once they opened their business and got down to the nitty gritty about who they're selling to. They decided to start doing yoga for pregnant women in the area, and it's been a great source of income for them, and I believe they've even been able to hire employees to work in the store.
They weren't from this city, either ... Just to make a point. Good luck.
It depends on what your expectations are as a business owner. Just like anywhere else in this country, it's all about location and demographics. I don't agree with the bitter republican who said New York is anti-business, but you do need to realize that you're stepping into one of the most expensive real estate cities in the world, so you really need to be cost effective and smart when it comes to opening up a business.
If selling drapes can pay the rent and give you a good living, why not? But realize that you have to very careful about how you start up here. I know a couple who opened up a toy boutique here in 2007, and even though success was kindve slow for them, they really became innovative once they opened their business and got down to the nitty gritty about who they're selling to. They decided to start doing yoga for pregnant women in the area, and it's been a great source of income for them, and I believe they've even been able to hire employees to work in the store.
They weren't from this city, either ... Just to make a point. Good luck.
Now we are getting some where! Is it crucial to have a store front. What if I rent and turned it into a home based business, then have a store front? The NYC metro have almost 9 million. Some have got to be my customers. I'm looking for home owners, long term renters. People who are stable, well adjust in their homes and career who don't plan to move for a long time.
Hilltopjay
Do you, or know someone who own a business. What is your expertise on the subject?
Democrats don't seem to get it when it comes to small business. The very back bone of job creation.
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